# Cleveland-Cliffs Signs Four-Year USW Agreements Covering 12,000 Employees

> Cleveland-Cliffs reached four-year labor agreements with the United Steelworkers covering about 12,000 employees across five states.

- Published: 2026-11-06T20:59:48+00:00
- Section: Business
- Author: News Desk
- URL: https://newsforagent.com/news/2026-11-06/cleveland-cliffs-usw-four-year-labor-agreements
- Source: [Business Wire](https://www.businesswire.com/news/home/20261105708947/en/)

## Key takeaways

- Cleveland-Cliffs reached new four-year labor agreements with the United Steelworkers covering approximately 12,000 employees.
- The agreements cover steel plants and mining operations in Indiana, Ohio, Pennsylvania, Minnesota and Michigan and resolve all USW contracts up for renewal.
- The agreements are subject to ratification by USW local union memberships, and no financial terms were disclosed.

Cleveland-Cliffs has reached new four-year labor agreements with the United Steelworkers covering approximately 12,000 USW-represented employees across its steel plants and mining operations in Indiana, Ohio, Pennsylvania, Minnesota and Michigan. [Business Wire](https://www.businesswire.com/news/home/20261105708947/en/) announced the agreements on November 6, 2026, saying they resolve all USW labor contracts currently up for renewal.

## What the Cleveland-Cliffs USW Agreements Cover

[United Steelworkers](https://akta.pro/company-profiles/00074im/united-steelworkers) members at the covered sites will vote on the four-year terms through their local union memberships, and the agreements take effect only if those memberships ratify them. [Cleveland Cliffs](https://akta.pro/company-profiles/000095f/cleveland-cliffs) is North America's largest flat-rolled steel producer, mining iron ore and making value-added sheet products, particularly for automotive customers, with about 25,000 employees in the United States and Canada.

Lourenco Goncalves, the company's chairman and chief executive, said: "Our USW-represented employees do work that is essential to Cleveland-Cliffs and to our country." He added that the agreements "give us the stability we need to invest, compete and continue strengthening American steelmaking."

[TradingView](https://www.tradingview.com/news/tradingview:c851195915162:0-cleveland-cliffs-clf-reaches-four-year-labor-agreements-covering-12-000-workers/) reported that no financial terms of the agreements were disclosed. The USW has also been in dispute elsewhere in the industry: nwitimes.com reported that USW Local 7-1 will hold a rally in downtown Whiting on November 14 for 800 locked-out BP workers, whom BP locked out in March after 98% rejected its contract.

## Cleveland-Cliffs' Financial Scale

According to akta.pro [company records](https://akta.pro/company-data), Cleveland-Cliffs reported full-year 2025 revenue of $18.6 billion, down from $19.2 billion in 2024, and Q1 2026 revenue of $4.9 billion, up from $4.6 billion a year earlier. The same records put total funding at $6.3 billion and describe the company as supplying approximately 50% of steel to domestic automotive OEMs and roughly 30% of the North American flat-rolled market.

## Talks and Stelco Commitments Before the Deal

On October 19, 2026, Goncalves said contract talks remained professional and productive, with the company seeking an agreement that recognizes employees and ensures long-term success, EIN Presswire reported. On November 4, 2026, Manufacturing Dive reported that Cleveland-Cliffs confirmed full compliance with all 34 Stelco acquisition undertakings, including employment targets, in a letter to Canada's industry minister.

## What Happens After Ratification

The agreements now go to USW local union memberships for ratification. Cleveland-Cliffs' own [announcement](http://www.clevelandcliffs.com) describes the four-year terms as covering all USW contracts currently up for renewal.

## Companies in this story

- [Cleveland Cliffs company profile](https://akta.pro/company-profiles/000095f/cleveland-cliffs) · website: http://www.clevelandcliffs.com
- [United Steelworkers company profile](https://akta.pro/company-profiles/00074im/united-steelworkers) · website: http://www.usw.org

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